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discussing with you a moment ago, i talked to four former aides to president obama. the white house isn't confirming this but all four of them said they expect that president obama will, in fact, attend that ceremony along with other world leaders. we saw president obama come into the briefing room as in the clip that you played tonight where he referred to nelson mandela as an inspiration, an example for him from the earliest phase of his political stirrings as a student at occidental college where he attended an anti-apartheid protest there. of course, nelson mandela is someone who was the first african-american or excuse me, the first african leader, black african leader of south africa which had been governed by a white government, president obama followed in that footstep as the first african-american president of the united states, and he said that he would spend the rest of his life trying to live up to and follow nelson mandela's example. what was so notable about nelson mandela was that he actually achieved in practice the promise that president obama had held out in 2004 at th
-night talk show humor, meaning obama care, and also have the people who watch those shows say, boy, i better hurry and sign up. we have no idea now. and the trends aren't good. >> thanks very much, steve. we appreciate it. the question is, will the back-end insurance errors derail the small amount of enrollments that have been completed? paul, front end, are you satisfied with what happened in the front end? before i get to the back end, front end, november, where are you on this? >> they are way behind etch their own estimates. only 100,000 people signed up to this point. they estimated 800,000 people by the end of the month. their success rate, 80% of people can logon. that's a terrible rate. any online merchanter will tell you that 20% is a terrible failure rate. the administration is setting up its own deadlines and saying, we passed them. but a very poor situation -- >> did they get a grace period on this -- in other words, did they win something back -- i don't want to be so totally 100% critical even though i think it's ludicrous. but do they get a grace period on this? >> at the end
of emergency unemployment benefits. the president said when budget talks get going obama care will not be on the table because, he said, his plan is ending one of america's worst inequities, unequal access to health care. larry. >> thanks very much, steve handelsman. we appreciate it. i'm going to say it again with all due respect to mr. president, growing income inequality is not the greatest challenge of our time. we need strong economic growth. that's the biggest challenge. i need a rising tide to lift all boats and help all-americans without these class warfare divisions. so let's talk. joining us now is former chief economist for vice president biden, jared bernstein. he's at the center of budget and policies. jim pazakukas is with the american institute and cnbc. jimmy p., what about income inequality. there's a lot of studies out there and they show in the last 20 or 30 years that hasn't happened. that's not true. it's a bogus issue. >> i don't want to have study versus counter study. income inequality, the top 90% and 10% have increased. a lot of disputes about how hig
is an important point to keep in mind. we're talking about a health care plan in terms of obama care, affordable care act, whatever you want to call it, that's going to provide health care coverage for tens of millions of americans that did not have it previously. you're talking about people who had pre-existing conditions that were not able to get health care coverage before let's not pretend like this notion of deductibles and co-pays and out-of-pocket expenses is somehow a new phenomenon. that had been the norm of our health care practice. >> i want to tell you this, it's not the notion of deductibles or the notion of premiums. it's not the notion of doctors and hospitals. it's the fact, it's the reality. it's the volume. it's the level. that's what's missing. and you know why it's missing? because whatever government does with their rationing and their controls, they do it wrong. we've learned this for thousands of years. and i can't give you a lecture tonight. chris kofinis, you take this emanuel guy, put him in moth balls, buddy. mike slater, great to see you. and dr. scott gottlieb, as al
see the white house wanting to talk about obama care every day until december 23rd. i have a suspicion you'll start seeing republicans trying to change the topic, change the subject because the president finally realizes that once americans see the product, once they go to the website which is quite beautiful if you go the site, they are going to realize that these options -- >> they fixed the front door of this site. the site is not able to give reliable information to the insurance companies that people who are desperate for coverage are signing up for. >> thousands of people are signing up every day. >> were they getting health insurance? i don't think so. until they pay that premium they are not going get their coverage until their identity is verified. we're about to hit the wall with millions of people who are desperate because they lost their coverage, they cannot get it through this website, they can't get it because this website doesn't work and they have admitted they have focused on front door not the back door. >> you both are terrific. the back door stuff, i think grace ma
to enforce that tapering is not tapering, like changing the unemployment threshold they have been talking about. larry, back to you. >>> all right, many thanks to bob pisani. now, it looks like more and more like obama care is failing so badly that a bailout is already in the works for the nation's biggest health insurance companies. and that's because of what many are calling the perfect storm. not enough young people enrolling, too many older and sicker people signing up, also there are too many errors in the reporting back end of the health care.gov website. and today, they admitted to the appallingly big error rate. and 65% oppose a rescue for the health insurance industry. you know what, folks. one big bank bailout five yearers ago more than enough, thanks very much. here is independent senior policy analyst hadley heath and with us democratic strategist tracy sefl, lenwood brooks, policy director for public notice and cnbc contributor james pethokoukis of the american enterprise institute. good evening. heather, let me -- let me begin with you. what is up with this? what are they ca
Search Results 0 to 5 of about 6